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Showing 2981 - 2990 of 5917 results for "March 22"

Astarra director banned, loses AAT appeal

LAURA MILLAN  |  MONDAY, 3 NOV 2014
The Administrative Appeals Tribunal (AAT) has backed the Australian Securities and Investment Commission (ASIC) decision to permanently ban former Astarra director Eugene Liu from providing financial services. AAT senior member Jan Redfern said: "there ...

Macquarie announces $678m profit, appoints director

JAMES FERNYHOUGH  |  FRIDAY, 31 OCT 2014
Macquarie has announced half-year net profits of $678 million for the six months ending September 2014. This represents a 35% increase on the corresponding half last year, but an 11% decrease on the six months up to March 2014. The bank also announced ...

Market Wrap AM

AAP  |  FRIDAY, 31 OCT 2014
The Australian market looks set to open higher after Wall Street rallied as data showed faster-than-estimated economic growth, fuelling speculation the economy is strong enough to withstand higher interest rates. At 0812 AEST on Friday, the December ...

QEnd is here

BENJAMIN ONG  |  THURSDAY, 30 OCT 2014
QE is dead! Long live QE! Well that went well, didn't it Virginia? The death of QE3 caused little stir in the financial markets - the S&P 500 index lost a teenie-weenie 0.1%; yields on 10-year US Treasuries increased by a small 0.02 percentage point ...

Government clarifies adviser register funding

LAURA MILLAN  |  MONDAY, 27 OCT 2014
The government's public register of financial advisers will raise $5 million over the next four years by increasing the Australian Financial Services (AFS) licensee annual lodgement fee with the Australian Securities and Investments Commission (ASIC). ...

Arthur's back. Wait, no he's not

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  FRIDAY, 24 OCT 2014
The Abbott government's announcement of an improved register for the beleaguered practitioners was marred by an embarrassing blunder. Treasury was forced to issue a rare apology after mistakenly making the announcement under the name of suspended frontbencher ...

Funding for the government's adviser register unclear

LAURA MILLAN  |  FRIDAY, 24 OCT 2014
How the public register of financial advisers will be funded remains unclear, with the government saying that the money will come via a $5 hike in the annual lodgement fee for Australian Financial Services (AFS) licensees. A statement from Minister ...

LMCI: a new indicator is born

BENJAMIN ONG  |  TUESDAY, 7 OCT 2014
Mother's made an outing last Friday night in America - and she came bearing good tidings. Mother, of course, is the US non-farm payrolls report - considered "the mother of all economic statistics". US employment increased by 248K last month following ...

Accountant pays $10,000 fine for $100,000 fraud

LAURA MILLAN  |  FRIDAY, 3 OCT 2014
A former Perth company director will have to pay a $10,000 fine after inducing a 70-year-old investor to give his business a cheque for $100,000 and then using it for his own purposes. Andy Kay Hooi Lim saw his 12 months jail sentence wholly suspended ...

Market Wrap AM

AAP  |  FRIDAY, 3 OCT 2014
The Australian market looks set to open lower after an almost flat end to trading in on Wall Street and a fall in metals prices. At 0651 AEST on Friday, the September share price index futures contract was down 21 points at 5,262. The stock market in ...